CASE STUDY: $351,475: Fix and Flip: Philadelphia, PA


Location: Philadelphia, PA 

Loan Amount: $351,475 

iFC Loan Product: Purchase Renovation/Fix and Flip 

Property Type: Single Family Residential 

Loan Closing Date: 8/12/22 

Purchase Price: $348,500 

Construction Budget: $65,000 

ARV: $561,000 

Loan to Cost: 85% 

Length of Loan: 12 months 


This client came to us after doing a lot of research into lenders. She wanted a lender that would be on top of communication and would not change terms unexpectedly. Her current lender just wasn’t cutting it. 

We gave her the best terms possible and stayed in constant communication throughout the process, whether the information we had for her was good (or not so good).  

Customer Benefit 
The borrower could close a loan with the peace of mind of knowing that we were always available to answer her questions and get her to the closing table. 

Leave a Reply

Your email address will not be published. Required fields are marked *